US President Donald Trump has approved a new bill that allows massive duties on countries that import Russian petroleum products. The bill, ‘Sanctioning Russia Act of 2025’ threatens at least 500% tariffs on countries that “knowingly engage in the exchange.” US senator Lindsey Graham said that the bill, which is now headed for bipartisan approval…
NEW DELHI: The Indian Navy on Monday commissioned INS Mahe, the first vessel of the Mahe-class Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), marking a major milestone in India’s coastal defence and indigenous shipbuilding capability. The ceremony took place at the Naval Dockyard in Mumbai.Army Chief General Upendra Dwivedi, who presided over the commissioning, said, “Bravo…
NEW DELHI: President Donald Trump loves India and is a big fan of Prime Minister Narendra Modi, said US secretary of state Marco Rubio on Monday while responding to questions about the reported endorsement earlier by the president of “racist remarks” calling India a hellhole.“I wouldn’t be here if the president didn’t want me to…
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A sports-themed display in a Beijing mall ahead of the World Cup kickoff on June 11, 2026. CNBC | Yin Hon Chow BEIJING — Long gone are the days when catching World Cup soccer games on the go meant buying a portable mini television set. Instead, consumers in China can just whip out their phones….
NEW DELHI: Fears of LPG shortage have begun spreading across the country as the escalating conflict in Middle East disrupts global energy supply chains. The closure of the Strait of Hormuz following Iranian retaliation against US–Israel strikes has triggered panic buying, long queues at LPG agencies and petrol pumps, and forced restaurants and small businesses…
The US economy grew at a sluggish 0.5% annual pace in the October–December quarter, lower than earlier estimates, as a prolonged government shutdown weighed on activity, AP reported.The Commerce Department revised down its estimate of fourth-quarter GDP growth from 0.7% to 0.5%, marking a sharp slowdown from 4.4% growth in the July–September period and 3.8%…
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NEW DELHI: After its narrow body operations, IndiGo will now cut its Europe & UK flights mounted on wide body aircraft too. Copenhagen flights will be suspended till further notice from Feb 17. The airline says its twin aisle operations have “faced external operational constraints; continuously changing airspace constraints due to geo-political circumstances and congestion…
The recently clinched India-EU Free Trade Agreement opens up massive investment opportunities and access in the textile industry and is slated to create 6-7 million new jobs, Commerce and Industry Minister Piyush Goyal said on Tuesday. The sector which has been navigating tricky waters ever since Donald Trump struck it with 50% punitive tariffs, might just…
